Congrats? Or Condolences? It’s hard to know whether congratulations or condolences are in order these days when you hear the news that someone’s company has just been bought out (acquired). The happier circumstance is that everyone’s “ticket” just got punched: their stock options vested, their golden (silver?) parachutes deployed, etc. The other possibility? The new...Read More
“Is [What?] the Next [What??]” If you found yourself asking the latter of those two questions . . . you’re definitely not the target audience of Web start-up (and high tech rage du jour) “Pinterest.” So, who is? (Pinterest’s target market, that is). As best I can tell, it consists of “under 30-something’s” equipped with the...Read More
Two Tales, Both Stinky* ConAgra Offers to Acquire Ralcorp for About $4.9 Billion –headline, Bloomberg.com (5/4/2011) It’s hardly unusual for the target of a corporate acquisition to jump in price: such deals often occur at premiums, and can occasionally trigger bidding wars, further goosing the target’s stock price. So, what’s the big deal about Ralcorp...Read More